According to a market report by Lucintel, the future of the global industrial benzyl alcohol market looks promising with opportunities in the chemical, healthcare, and food & beverage markets. The global industrial benzyl alcohol market is expected to grow with a CAGR of 4.5% from 2024 to 2031. The major drivers for this market are the increasing demand for solvents in industries, the rising use in pharmaceutical applications, and the growing adoption in cosmetics manufacturing.
A more
than 150-page report to understand trends, opportunity and forecast in global
industrial benzyl alcohol market to 2031 by purity level (99% purity, 99.5%
purity, and others), application (paints & coatings, personal care,
pharmaceuticals, food & beverages, and others), end use (chemical,
healthcare, food & beverage, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the purity level category, 99.5% purity is expected to
witness higher growth over the forecast period.
Within the
end use category, chemical is expected to witness the highest growth.
Download
sample by clicking on industrial
benzyl alcohol market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
BASF,
LANXESS, Emerald Performance Materials, Gujarat Alkalies and Chemicals Limited,
Hubei Greenhome Fine Chemical, Wuhan Youji Industries, Shimmer Chemicals, Elan
Chemical Company, Avantor, Merck are the major suppliers in the industrial benzyl alcohol market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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